Dec 31, 2012 1:00pm PST
. >> washington still in deadlock. >> we're falling over that fiscal cliff. >> republicans simply can't utter the word yes. >> the president is, i believe, slowing down the process. >> they have no strategy. they don't know what they want. >> kim kardashian is pregnant. >> a lot of democrats get mad at me. >> no deal is better than a bad deal. >> something has gone terribly wrong when the biggest threat to our american economy is our american congress. >> hats off to the president. >> as of this point is looks like i'm going to be spending new year's here in d.c. i can come to your house? is that what you're saying? >> happy new year! >>> grab your party hats, chill the bubbly. just eight hours to go. yes, we are all waiting to cue the confetti with hopes for a last-minute deal to avert the fiscal cliff. with sweeping tax hikes and spending cuts set to take effect at midnight, frantic negotiations are ongoing at this hour with the president teasing the prospect of a deal on at least part of the cliff just hours ago. >> it appears that an agreement to prevent this new year's tax hike is within
Dec 26, 2012 1:00pm PST
with the fiscal cliff looming large. >> the fiscal cliff gets closer. congress now has six days left to make a deal. >> aloha, hawaii. >> to my republican colleagues, the ronald reagan model is if you get 80% of what you want, that's a pretty good day. >> they were this close. they were this close to a solution. >> he's going to get tax rate hikes. >> are we going over the cliff? >> i believe we are. >> be republican and be conservative and pass a bill that cuts tax. >> boehner has no control over his extreme right wing faction. >> should anybody's taxes be raised at this point? answer yes or no. >> no. no. ♪ >> we begin as president obama and the senate head back to washington set for one last effort to avert the first fiscal cliff. aloha means good-bye for the president as he packs bound for the white house tonight. the president cutting short his vacation leaving michelle and the girls behind as he gets back to work to try to prevent tax increases and spending cuts due to begin next week. there's just one problem. it appears there would be no house republicans to help hammer out a deal.
Dec 28, 2012 1:00pm PST
, the vice president, and the treasury secretary trying to hammer out a fiscal cliff deal. the meeting began about an hour ago in what could be the final face-to-face meeting between the president and lawmakers of both parties before monday's midnight deadline. the house is scheduled to reconvene on sunday evening to do what we don't exactly know. so joining us live from the white house is nbc's kristin welker. kristin, welcome. >> reporter: thanks, karen. good afternoon. >> so what are we hearing about this meeting? i know it's still going on. any news? >> reporter: well, we do know this, a source familiar with these talks says that president obama is not going to be offering anything new during this afternoon's meeting. he's essentially going to be saying what he said at the white house last friday when he called on congress to put forth a package that would extend bush era tax cuts for those making $250,000 or less, extend unemployment insurance benefits, as well as stave off some of those deep spending cuts that are set to go into effect. the president is going to make the argument that
Dec 27, 2012 1:00pm PST
're calling it the fiscal cliff. [ speaking foreign language ] >> john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> let's take the american people out of the line of fire in terms of taxes. >> it's being operated with a dictatorship of the speaker. >> i have never known john boehner not to have a plan. >> it seems pretty dark right now. >> it looks like there's no way there's going to be any deal done. >> so i say to the speaker, take the escape hatch we've left you. >> we're not going to get anything done that doesn't involve some measure of compromise. >> it's not 100% sure that's going to work any longer, and now that we know how fanatical the fanatics are. >> it's like blah, blah, blah. >>> a very busy day here in washington and we want to take you right to the senate floor where senator mitch mcconnell is actually speaking about the fiscal cliff. let's take a listen. >> we'll see what the president has to propose. members on both sides of the aisle will review it, and then we'll decide how best to proceed. hope